City or county?<br><br>
Mine (county) just went up by a lot. According to recent home sales it's kinda reasonable, but I hope once a few more homes that are vacant sell (in crappy condition) then maybe we can do something about it.
Not yet, but I would love to know if you get anywhere with your appeal. Ours went up about 70% this year and of the list of comps they said that they used to calculate our new value, 4 of the 5 were LESS than what they put our appraised value and 3 or those 4 were 20,000+ less so I have no idea as to where they came up with their figures. I did call the office to try to figure it out and I never heard back - I guess I need to get on theat and call again.
I live in the county....<br><br>
IIRC, assessments are not of current "market value", but should be below that, bc there is much thought that we are in an over-inflated market anyways. I don't know who told me that, or if I read it.<br><br>
So let's say, the houses that they compared your house to sold for lots, your house should not go up that much bc historically, houses have not been going up 10% per year. March of 2007 had the biggest drop in home sales in nearly 20 years. YIKES. It was on Drudge's headlines today.<br><br>
ime, St. Louis county has gotten quite greedy and is seeing what they can get away w/. If you look into some of the pork-belly projects, you might be surprised to see what you find. Trust me, if the economy tanks, st. louis county will not want to give up their pet "projects" and the taxpayers will be screwed.<br><br>
Anyways, I've heard that they will at least knock down something if you make the effort to go.<br><br>
I found several houses that had not even sold yet for $75,000 under what they assessed me for. So I'm submitting these houses as comps.<br>
I'll let you know how it goes.
Our landlady is appealing both her residence (in the county) and ours (in the city). I really hope she has luck, because her increase trickled down to us in the form of a hefty rent increase. <img alt="" class="inlineimg" src="http://www.mothering.com/discussions/images/smilies/greensad.gif" style="border:0px solid;" title="greensad"><br><br>
Is there anywhere on the web to look up the assessed value of a house?
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<div>Originally Posted by <strong>Ellie'sMom</strong> <a href="/community/forum/post/7939104"><img alt="View Post" class="inlineimg" src="/community/img/forum/go_quote.gif" style="border:0px solid;"></a></div>
<div style="font-style:italic;">Our landlady is appealing both her residence (in the county) and ours (in the city). I really hope she has luck, because her increase trickled down to us in the form of a hefty rent increase. <img alt="" class="inlineimg" src="http://www.mothering.com/discussions/images/smilies/greensad.gif" style="border:0px solid;" title="greensad"><br><br>
Is there anywhere on the web to look up the assessed value of a house?</div>
Yeah, it's called "trickle down taxes".<br><br>
Here is where you can look up county residences: <a href="http://revenue.stlouisco.com/ias/" target="_blank">http://revenue.stlouisco.com/ias/</a><br>
You can search by neighborhood, name or address. Pretty cool!<br>
I don't know if you can do that in the city or in St. Charles county.
My state rep told me that in Missouri, the cities pay an unfair amount of property taxes compared to the rural areas. In the rural areas, he said, assessors are elected. They assess everyone well below market value because it gets them reelected. Then in the urban areas, they assess at market value, so we pay way more than our share.<br><br>
Ours went up by $50,000, almost 30%. I can't really dispute it as above market value because it's only 3% more than what we paid for the house 3 years ago. Sucks though. Last year taxes went up by almost 50% because of a tax increase, and this year they'll go up by another $1000.
I have been meaning to go appeal mine. Going downtown and trying to find parking with an angry toddler in tow has not been appealing to me lately, though. My assessment went up by about $22,000. I feel like I have a pretty good case against it, because just in the last few weeks I had my house appraised so that I could get it refinanced and I have documentation on the appraisal. The house appraised for about $17,000 less than what the city said. Once I get around to appealing it, they better change it. If my house were really worth what the city said, I would have gotten a better interest rate on my loan. It may be worth it to have your house appraised since that only costs around $250, while the yearly taxes on an overvalued house may be more expensive.